Which of the Following Is True About Serial Entrepreneurs

question 3

Multiple Choice

Which of the following is true about serial entrepreneurs?

• A) They are born, not made.
• B) They pursue innovations within the company that can change the organization in significant ways.
• C) They make large investments in new ventures in return for an equity stake in the business.
• D) They start and run businesses and nonprofits over and over again, moving from one interest and opportunity to the next.
• E) They are primarily responsible for selling of shares of stock to the public at large.

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Definitions:

Operating Loss

The loss incurred when a company's operating expenses exceed its revenues, indicating that its core business operations are not profitable.

Year 1

Refers to the first year in a given context, often used in financial projections, company performance analysis, or product lifecycle evaluation.

Absorption Costing

This accounting approach involves including every manufacturing expense, such as direct materials, direct labor, and both fixed and variable overheads, in the product's final price.

Unit Product Cost

The total cost (direct materials, direct labor, and overhead) associated with producing one unit of a product.